SC: Authorities Directed to Take Immediate Measures Regarding Municipal Solid Waste in Delhi || Del. HC: In-Mall Marketing Campaigns Also Advertisements, HUL Restrained from Comparing Products || Andhra Pradesh HC: Cannot Cancel Selection Process in Absence of Valid, Bonafide Reasons || SC: Cannot Make Advocates Liable for Deficiency of Service Under Consumer Protection Act, 1986 || Cal HC: Not Operating in Totalitarian State, Govt. Can’t Exercise Blanket Power Over Every Instit. || Mad. HC: Can’t Deny Permission of Temple’s Festival on Grounds of Model Code of Conduct || All. HC: Mentioning Certain Sections in Title of Claim Made to Labour Court Won’t Determine Jurisdi. || Orissa High Court: Can’t Apply Principle of ‘No Work, No Pay’ Universally || SC: Delay in Reporting Seizure Report to Magistrate Won’t Vitiate Act of Seizure by Police || Kar. HC: For Disqua. Under Gram Swaraj & Panchayat Act, Subsisting Contract With Panchayat Necessary

Unity Small Finance Bank Limited commences operations- (Reserve Bank of India) (01 Nov 2021)

MANU/RPRL/0182/2021

Banking

Unity Small Finance Bank Limited has commenced operations as a small finance bank with effect from November 1, 2021. The Reserve Bank has issued a licence to the bank under Section 22 (1) of the Banking Regulation Act, 1949 to carry on the business of small finance bank in India. Centrum Financial Services Limited, the promoter of the Unity Small Finance Bank Limited was granted an 'in-principle' approval to set up a small finance bank, as announced in the press release on June 18, 2021, under "Guidelines for 'on tap' Licensing of Small Finance Banks in the Private Sector" dated December 5, 2019.

Tags : FINANCE BANK OPERATIONS COMMENCEMENT

Share :